PARK24 Gross Profit vs. Current Ratio
| 5FJ Stock | EUR 13.40 0.20 1.52% |
For PARK24 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PARK24 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PARK24 LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PARK24's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PARK24 LTD over time as well as its relative position and ranking within its peers.
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PARK24 LTD Current Ratio vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PARK24's current stock value. Our valuation model uses many indicators to compare PARK24 value to that of its competitors to determine the firm's financial worth. PARK24 LTD is rated third in gross profit category among its peers. It is rated fifth in current ratio category among its peers . The ratio of Gross Profit to Current Ratio for PARK24 LTD is about 58,342,148,760 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PARK24's earnings, one of the primary drivers of an investment's value.PARK24 Current Ratio vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
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| = | 70.59 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 1.21 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
PARK24 Current Ratio Comparison
PARK24 is rated third in current ratio category among its peers.
PARK24 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PARK24, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PARK24 will eventually generate negative long term returns. The profitability progress is the general direction of PARK24's change in net profit over the period of time. It can combine multiple indicators of PARK24, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PARK24 Co., Ltd. operates and manages parking facilities in Japan and Internationally. PARK24 Co., Ltd. was founded in 1971 and is headquartered in Tokyo, Japan. PARK24 operates under Specialty Business Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5565 people.
PARK24 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PARK24. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PARK24 position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PARK24's important profitability drivers and their relationship over time.
Use PARK24 in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PARK24 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PARK24 will appreciate offsetting losses from the drop in the long position's value.PARK24 Pair Trading
PARK24 LTD Pair Trading Analysis
The ability to find closely correlated positions to PARK24 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PARK24 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PARK24 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PARK24 LTD to buy it.
The correlation of PARK24 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PARK24 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PARK24 LTD moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PARK24 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PARK24 position
In addition to having PARK24 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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Other Information on Investing in PARK24 Stock
To fully project PARK24's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PARK24 LTD at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PARK24's income statement, its balance sheet, and the statement of cash flows.